Benj. Franklin Federal Savings & Loan Association (Portland, Oregon)
Benj. Franklin Federal Savings and Loan Association
Portland, Oregon - In Receivership
Notice to Current Shareholders of Benj. Franklin Federal Savings and Loan Association
February 1, 2014
The Benj. Franklin Federal Savings and Loan Association (Benj.) of Portland, Oregon was closed and the Resolution Trust Corporation was appointed as receiver on September 7, 1990. The Federal Deposit Insurance Corporation has been serving as successor receiver (the “Receiver”) for Benj. since January 1, 1996. In August of 2006, the Receiver made a liquidating distribution to shareholders of record. The Receiver issued a second and final distribution to the current shareholders of record on July 17, 2013.
On or about February 28, 2014 all remaining Benj. Shareholder funds will be escheated to the state of the shareholder’s last known address. To claim these funds the shareholder or its representative will need to follow the instructions set up by the respective state to claim its distribution.
Should you have any questions the e-mail address at firstname.lastname@example.org will remain open until February 28, 2014.